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friendlyfred

09/28/06 8:52 PM

#206209 RE: xanadu #206201

Xanadu

I humbly suggest that you at least begin to trade around your core position. Imo that is the only way you will recoup your losses. There are many books on the subject that offer info on charts, mms, volume indicators, etc. Just remember that any indicator can go afoul due to fundamental disappointments and too many people trading on that same indicator. For example, if a ton of traders spot a potential breakout coming up and go long on it in anticipation, the stock will already be overbought thus nullifying or limiting the upward movement once it does break out. I believe that happened with this stock some months back. Imo this stock like so many other otcs is being sold into on virtually every "rally" so imo it is unwise to hang onto every share and just watch your account value rise and fall.
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thegitzel

09/28/06 8:52 PM

#206210 RE: xanadu #206201

Xan, by the very time frame of of your invesment, it would be obvious you are not here for instant wealth(IE: Itradeforprofit, uncipep, ad nasium). Savey?
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WayneC777

09/28/06 8:53 PM

#206211 RE: xanadu #206201

xanadu - I will second that "instant wealth" Idea. If I was interested in "instant wealth" I would NOT being reading reports everyday, here riting, sleppness nights of figureing out stragities they mite be doing, and plainly having to wonder if my Faith will Hold. Reminding myself of the possatives and how big they are knowing that JF really would not want this to fall.